54875 Heritage Rd
Elkhart, IN 46514
2 bd 2 ba 1,210 sqft Built 1977 Lot 20,626 sqft single_family
Most recent sale
$217,000
May 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 25, 2022 | Sold | $217,000 | Public Record |
| May 20, 2022 | Sold | $217,000 | IRMLS |
| Apr 21, 2022 | Listed | $189,900 | MLS #202214143 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $187,300 | $20,900 | $208,200 | $1,750 |
| 2024 | $187,300 | $20,900 | $208,200 | $1,907 |
| 2023 | $159,300 | $20,900 | $180,200 | $1,675 |
| 2022 | $144,200 | $20,900 | $165,100 | $1,749 |
| 2021 | $134,500 | $20,900 | $155,400 | $1,461 |
| 2020 | $125,600 | $20,900 | $146,500 | $1,252 |
| 2019 | $119,700 | $20,900 | $140,600 | $1,349 |
| 2018 | $112,600 | $20,900 | $133,500 | $1,326 |
| 2017 | $106,700 | $20,900 | $127,600 | $1,272 |
| 2016 | $99,600 | $20,900 | $120,500 | $1,188 |
| 2015 | $94,000 | $20,900 | $114,900 | $1,145 |
| 2014 | $94,000 | $20,900 | $114,900 | $1,065 |
| 2013 | $94,000 | $20,900 | $114,900 | $1,170 |
| 2012 | $101,400 | $20,900 | $122,300 | $1,107 |
| 2011 | $79,300 | $22,500 | $101,800 | $729 |
| 2010 | $80,200 | $22,800 | $103,000 | $746 |
| 2009 | $86,500 | $24,500 | $111,000 | $728 |
| 2008 | $88,400 | $24,500 | $112,900 | $729 |
| 2007 | $90,200 | $24,500 | $114,700 | $1,066 |
| 2006 | $52,200 | $24,500 | $76,700 | $525 |
Property facts
Year built
1977
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,210 sqft
Lot size
20,626 sqft
ZIP code
46514
City
Elkhart
Street
Heritage Rd
Coordinates
41.69721, -86.02168
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,815
Gross rental yield
10.04%
Implied cap rate
6.52%
Trend-extrapolated value
—
Frequently asked questions
When did 54875 Heritage Rd last sell?
54875 Heritage Rd most recently sold on May 25, 2022 for $217,000.
What is the current tax assessment for 54875 Heritage Rd?
The most recent total assessment for 54875 Heritage Rd (year 2025) is $208,200 with $1,750 in property tax.
How does 54875 Heritage Rd's assessment compare to its last sale price?
The current assessment is 4.1% below the last sale price of $217,000.
When was 54875 Heritage Rd built?
54875 Heritage Rd was built in 1977.
How does 54875 Heritage Rd compare to others on Heritage Rd?
We track 5 other properties on Heritage Rd. Browse the list under "Other properties on Heritage Rd" to compare beds, baths, and sale history.
What are the property facts for 54875 Heritage Rd?
54875 Heritage Rd is a 2 bed, 2 bath, 1,210 sqft, 20,626 sqft lot single_family.
Is 54875 Heritage Rd a flip candidate?
No — 54875 Heritage Rd does not appear in our flips dataset.
Is 54875 Heritage Rd a tax-appeal candidate?
No — 54875 Heritage Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-4.0%
Implied 1-yr
-16.1%
2026 Q3
$230.4K
2026 Q4
$217.8K
ZIP 46514 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Heritage Rd